Mitsubishi UFJ Asset Management Co. Ltd. Buys 51,913 Shares of American Homes 4 Rent $AMH

Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of American Homes 4 Rent (NYSE:AMH) by 9.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 586,412 shares of the real estate investment trust’s stock after purchasing an additional 51,913 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in American Homes 4 Rent were worth $18,718,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AMH. Wilmington Savings Fund Society FSB raised its stake in shares of American Homes 4 Rent by 10,728.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 758 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 751 shares during the period. True Wealth Design LLC raised its stake in shares of American Homes 4 Rent by 230.8% during the 4th quarter. True Wealth Design LLC now owns 827 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 577 shares during the period. Parallel Advisors LLC raised its stake in shares of American Homes 4 Rent by 84.8% during the 3rd quarter. Parallel Advisors LLC now owns 963 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 442 shares during the period. V Square Quantitative Management LLC bought a new position in American Homes 4 Rent in the 4th quarter worth about $37,000. Finally, CIBC Private Wealth Group LLC increased its stake in American Homes 4 Rent by 4,356.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,337 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 1,307 shares during the last quarter. 91.87% of the stock is currently owned by institutional investors.

American Homes 4 Rent Price Performance

Shares of NYSE AMH opened at $32.03 on Friday. The firm has a market capitalization of $11.65 billion, a P/E ratio of 26.04, a P/E/G ratio of 4.62 and a beta of 0.82. The company has a quick ratio of 0.63, a current ratio of 0.57 and a debt-to-equity ratio of 0.67. The stock’s 50-day simple moving average is $29.57 and its two-hundred day simple moving average is $30.92. American Homes 4 Rent has a twelve month low of $27.22 and a twelve month high of $39.01.

American Homes 4 Rent (NYSE:AMH) last announced its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating the consensus estimate of $0.18 by $0.30. The firm had revenue of $472.02 million for the quarter, compared to analyst estimates of $470.62 million. American Homes 4 Rent had a return on equity of 6.08% and a net margin of 25.27%.The company’s revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.46 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. As a group, equities analysts anticipate that American Homes 4 Rent will post 1.92 EPS for the current fiscal year.

American Homes 4 Rent Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were given a dividend of $0.33 per share. This is a boost from American Homes 4 Rent’s previous quarterly dividend of $0.30. The ex-dividend date was Friday, March 13th. This represents a $1.32 annualized dividend and a dividend yield of 4.1%. American Homes 4 Rent’s dividend payout ratio is currently 107.32%.

Analysts Set New Price Targets

A number of brokerages have weighed in on AMH. JPMorgan Chase & Co. decreased their target price on American Homes 4 Rent from $38.00 to $37.00 and set a “neutral” rating on the stock in a research note on Monday, January 12th. Compass Point began coverage on American Homes 4 Rent in a research note on Tuesday, April 28th. They issued a “buy” rating and a $37.50 target price on the stock. Morgan Stanley decreased their target price on American Homes 4 Rent from $40.00 to $39.00 and set an “overweight” rating on the stock in a research note on Monday, March 9th. Raymond James Financial restated a “market perform” rating on shares of American Homes 4 Rent in a research note on Friday, February 27th. Finally, Keefe, Bruyette & Woods decreased their target price on American Homes 4 Rent from $37.00 to $35.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Eight research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, American Homes 4 Rent has a consensus rating of “Hold” and an average price target of $34.94.

Insider Activity

In other news, Director David Goldberg acquired 2,000 shares of American Homes 4 Rent stock in a transaction dated Tuesday, March 3rd. The shares were purchased at an average cost of $29.30 per share, for a total transaction of $58,600.00. Following the transaction, the director owned 36,723 shares of the company’s stock, valued at $1,075,983.90. This trade represents a 5.76% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Douglas N. Benham acquired 1,571 shares of American Homes 4 Rent stock in a transaction dated Wednesday, February 25th. The shares were purchased at an average price of $24.00 per share, for a total transaction of $37,704.00. Following the completion of the transaction, the director directly owned 43,517 shares in the company, valued at approximately $1,044,408. The trade was a 3.75% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought a total of 6,771 shares of company stock worth $183,684 over the last quarter. Corporate insiders own 5.70% of the company’s stock.

American Homes 4 Rent Company Profile

American Homes 4 Rent (NYSE: AMH) is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development and management of single-family rental homes. Since its initial public offering in April 2013, the company has focused on building a large-scale, professionally managed portfolio of homes designed to meet the needs of today’s renters. Its business model emphasizes the acquisition of well-located properties coupled with consistent, in-house property management to drive occupancy and long-term value.

As of the most recent reporting, American Homes 4 Rent owns and operates tens of thousands of homes across the United States, with concentration in key Sun Belt and high-growth markets.